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Friday, July 28, 2006
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CORPORATE RESULTS

TELECOMMUNICATIONS
Tata Tele (M) reduces net loss
Tata Teleservices (Maharashtra) Ltd has announced reduced net losses for the first quarter ended June 31, 2006. Net loss for the quarter amounted to Rs 112.6 crore (Rs 127.7 crore). Revenues for the quarter grew 35 per cent, to Rs 324 crore (Rs ... More

CEMENT
Madras Cements posts 4-fold rise in net profit
Madras Cements Ltd has posted a net profit of Rs 78.85 crore for the quarter ended June 30,a 4.3 times jump over the Rs 18.06 crore reported in the corresponding period last year. Sales during the period under review increased 55 per cent. The ... More

HOTELS
Indian Hotels Q1 net jumps 127 pc
Indian Hotels Company Ltd (IHCL) has reported a 127-per-cent increase in net profit at Rs 38.50 crore for the first quarter ended June 30 up from Rs 16.91 crore in the year-ago period. Control over costs and improved operating efficiencies have ... More

Kamat Hotels net dips 32 pc
Kamat Hotels has reported a net profit of Rs 1.71 crore, a 32.4 per cent dip from Rs 2.53 crore in the corresponding quarter last year. The earning per share (EPS) came down from Rs 2.39 to Rs 1.30 for the same period. The ... More

PHARMACEUTICALS
Novartis Q1 net down 31 pc
Novartis India Ltd has seen a 31-per-cent dip in net profit, at Rs 25.74 crore for the first quarter ended June 30, 2006. The company clocked a net profit of Rs 37.31 crore in the corresponding period of the previous year. Total ... More

Unichem to bid for 40 pc stake in UK subsidiary
Registers 22 per cent dip in net profit More

Global buys boost Dr Reddy's net
Authorised generics, global acquisitions boost revenues More

Matrix Labs clocks Rs 33.8 cr net profit
Robust growth in anti-retrovirals, contract research More

Orchid defers plan to raise $200 m
To wait for market conditions to improve More

JB Chem net profit up 10 pc
J.B. Chemicals and Pharmaceuticals Ltd has clocked a 10 per cent growth in its profit after tax at Rs 13.01 crore for the first quarter or three months ended June 30, 2006, as compared to Rs 11.81 crore in the corresponding period of last year. ... More

SUGAR
Dharani Sugars' net increases 4 fold
Dharani Sugars and Chemicals Ltd has reported a more than four-fold increase in net profit to Rs 8.52 crore for the quarter ended June 30, 2006 compared with a net profit of Rs 2 crore for the corresponding quarter last year. ... More

TEA
McLeod Russel to raise $30 m thru fresh equity
Q1 net dips to Rs 2.38 cr More

TEXTILES
Bombay Dyeing Q1 net down
Bombay Dyeing & Manufacturing Company Ltd has posted a net profit of Rs 14.76 crore for the quarter ended June 30, 2006 as compared to Rs 15.86 crore during the previous year . Total income (net of excise) has decreased to Rs ... More

Banswara Syntex Q1 net zooms 410 pc
Banswara Syntex Ltd (BSL), a vertically integrated textile company, has reported a net profit of Rs 3.55 crore in the first quarter of this fiscal, an increase of 410 per cent against Rs 0.70 crore in the corresponding quarter of the previous ... More

RADIO/TV
Balaji Tele Q1 net up 39%
Balaji Telefilms has reported a 39 per cent increase in its first quarter net profit at Rs 17.38 crore against Rs 12.52 crore in the same quarter the previous year. Total income has increased to Rs 75.69 crore from Rs 64.52 crore ... More

CARS
Maruti Q1 net profit zooms 63%
Rides on robust sales, cost cutting measures More

AUTOMOBILE COMPONENTS
Sundaram Brake Q1 net rises 33 pc
Sundaram Brake Linings Ltd reported sales of Rs 42.86 crore for the first quarter ended June 30, a growth of 20 per cent over Rs 35.66 crore for the corresponding period last year. Net profit increased 33 per cent to Rs 3.32 ... More

Mico Q2 net profit up 137%
Auto parts maker Mico has posted a 137.29 per cent increase in net profit to Rs 242.78 crore during the second quarter of 2006. In a notice to the Bombay Stock Exchange, Mico said that its total income grew 21.60 per cent to Rs ... More

HCV/LCV/TRACTORS
Punjab Tractors Q1 net dips 75 pc
Punjab Tractors Ltd posted a decline of 74.96 per cent in net profit at Rs 17.70 crore for the quarter ended June 30, as compared to Rs 70.70 crore for the same quarter in 2005-06. The total revenue increased marginally to Rs ... More

HARDWARE
Moser Baer Q1 net at Rs 6.4 cr
Plans subsidiary in Cyprus More

TVS-E net loss widens
TVS Electronics Ltd, the Chennai-based computer peripheral manufacturer, has reported increased net loss of Rs 2.17 crore for the quarter ended June 30, 2006 compared to a net loss of Rs 79 lakh for the corresponding quarter last year. Revenue ... More

SOFTWARE
NIIT margins improve
New biz strategy pays off More

Subex Azure net drops 53 pc
Forex gains to some extent offset dip in products biz More

Four Soft nets Rs 5.05 cr in Q1
Four Soft Ltd, has recorded total revenues of Rs 39.84 crore and a net profit of Rs 5.05 crore for the first quarter ended June 30, 2006 as against total revenues of Rs 7.06 crore and a net profit of Rs 0.99 crore for the ... More

Ramco Q1 net loss tad up
Ramco Systems Ltd has reported increased net loss of Rs 6.78 crore for the first quarter ended June 30 compared with a net loss of Rs 6.02 crore for the corresponding year-ago period. However, revenue for the quarter increased ... More

Mastek consolidated net up 40 pc
Mastek has reported a 40 per cent rise in its consolidated net profit for the fourth quarter, and a 29 per cent increase in net profit for the fiscal ended June 30, 2006. The performance was led by its insurance and e-governance ... More

IT TRAINING
Aptech net at Rs 6.4 cr
Aptech Ltd today announced a net profit of Rs 6.4 crore for the quarter ended June 30, 2006. Aptech's consolidated revenue for the quarter stood at Rs 41.62 crore. During this quarter, the company made a foray into the ... More

PAPER, BOARD & NEWSPRINT
Orient Paper Q1 turnover up 30 pc
Orient Paper & Industries Ltd (OPIL), part of the GP-CK Birla Group with interests in cement, paper and electric fans, has posted growth in turnover and profit during the first quarter ended June. The turnover grew 30 per cent to Rs 299 crore ... More

HOUSING FINANCE
LIC Housing net down 25 pc
LIC Housing Finance has reported a decline of 25 per cent in its net profit for the first quarter ended June 30, 2006. Net profit fell to Rs 37.46 crore from Rs 50.17 crore in the corresponding year-ago quarter, as higher ... More

PUBLIC SECTOR BANKS
Lower treasury income drags down SBI Q1 net
Profit falls 35 pc to Rs 798.5 cr; staff costs rise to Rs 1,924 cr More

IOB to raise $200-m foreign currency loan
Net up 21 pc despite revaluation loss More

Syndicate Bank Q1 net up 11 pc
Syndicate Bank has reported a net profit of Rs 180.58 crore for the first quarter of the current financial year, a 11-per cent increase over the corresponding period of the previous year. Addressing reporters here on Thursday, the bank's ... More






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